GenCorp sales up significantly for 2013 Q4

10 February 2014

GenCorp Inc. (NYSE: GY) said it has reported net sales for the fourth quarter of fiscal 2013 USD485.3m compared to USD298.2m for the fourth quarter of fiscal 2012.

Net loss for the fourth quarter of fiscal 2013 was (USD3.7)m, or (USD0.06) loss per share, compared to a net income of USD2.8m, or USD0.05 diluted income per share, for the fourth quarter of fiscal 2012.

Net sales for fiscal 2013 totaled USD1,383.1m compared to USD994.9m for fiscal 2012. Net income for fiscal 2013 was USD167.9m, or USD2.11 diluted income per share, compared to a net loss of (USD2.6)m, or (USD0.04) loss per share, for fiscal 2012.

GenCorp is a leading technology-based manufacturer of aerospace and defense products and systems with a real estate segment that includes activities related to the entitlement, sale and leasing of the company´s excess real estate assets. Its website is at http://www.GenCorp.com.

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